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AT the March 4 press conference during the Fourth Session of the 11th National People’s Congress(NPC), spokesman Li Zhaoxing said that China will raise its defense budget by about 12.7 percent to 601.1 billion yuan($91.5 billion),accounting for 6 percent of this year’s budgetary fiscal expenditure. The percentage is slightly down compared to that of previous years. But the two-digit growth has again sparked heated debate among foreign media.Some of them question the
AT the March 4 press conference during the Fourth Session of the 11th National People’s Congress (NPC), spokesman Li Zhaoxing said that China will raise its defense budget by about 12.7 percent to 601.1 billion yuan ($ 91.5 billion), accounting for 6 percent of this The percentage is slightly down compared to that of previous years. But the two-digit growth has again sparked heated debate among foreign media. Some of them question the